2018-06-18

Lauren Templeton on Global Value Investing the 'Templeton Way' (video)

Lauren Templeton: "Investing the Templeton Way"

Talks at Google video above originally published March 6, 2017.

This talk covered the subjects of global value investing and behavioral finance through the lens of a practitioner. Ms. Templeton spoke on the subject with an eye towards both beginners and practitioners, while sharing valuable lessons learned from her great-uncle, Sir John Templeton.

Notes below provided with the video as of the date of publication:

Lauren C. Templeton is the founder and president of Templeton & Phillips Capital Management, LLC  (domain: templetonandphillips.com); a value investing boutique located in Chattanooga, Tennessee.

Ms. Templeton received a B.A. in Economics from the University of the South. She is the founder and former president of the Southeastern Hedge Fund Association, Inc. based in Atlanta, Georgia. She is a current member of the John M. Templeton Foundation established in 1987.

Lauren Templeton began investing as a child under the heavy influence of her father as well as her late great-uncle, Sir John Templeton. Professionally, Lauren began her career working with managed portfolios and investments in 1998, beginning as a junior associate at the financial advisor Homrich and Berg and later the hedge fund management company New Providence Advisors both of Atlanta.

In 2001, Lauren launched her own hedge fund management company which dedicates its efforts to the practice of value investing across the global markets using the same methods learned from her great-uncle. Ms. Templeton is also the co-author of, Investing the Templeton Way: The Market Beating Strategies of Value Investing Legendary Bargain Hunter, 2007, McGraw Hill, which has been translated into nine languages. Lauren lives in Chattanooga, with her husband, Scott Phillips, who is a portfolio manager of the Global Maximum Pessimism Fund and author of the investing book, Buying at the Point Maximum Pessimism: Six Value Investing Trends from China to Oil to Agriculture, 2010, FT Press, and co-author to the revised edition of The Templeton Touch, 2012, Templeton Press. Lauren and Scott produce a monthly investment report titled the Maximum Pessimism Report.

Maxims of John Templeton:

See also How To Invest $1,400 (Or Less) At The Point Of Maximum Pessimism | seekingalpha.com

feedback & comments via twitter @DomainMondo


DISCLAIMER

2018-06-17

News Review | The State of the Domain Name Industry Q1 2018

graphic "News Review" ©2016 DomainMondo.com
Domain Mondo's weekly internet domain news review (NR 2018-06-17) with analysis and opinion: Features •  1) The State of the Domain Name Industry Q1 2018,  2)Other ICANN news: a. ICANN vs. EPAGb. ICANN Board Public Sessions, c.ICANN WHOIS & GDPR: EPDP (Expedited Policy Development Process), d. NTIA & IANA, 3) Names, Domains & Trademarks: a. Worst TLDs, and more, 4) ICYMI: EU's Article 13 Nightmare, 5) Most Read.

1) The State of the Domain Name Industry Q1 2018
a. Rampant spam, falling registrations show new gTLDs have limited business value | TechRepublic.com June 15, 2018: "Studies indicate malicious actors are disproportionately using cheap new gTLDs ... [new gTLDs' domain name] registrations have fallen 20% over the last year ..."

b. Domain Name Industry Brief (DNIB) Q1 2018 | Verisign.com published June 14, 2018, key metrics:
  • All TLDs (top-level domains): The first quarter of 2018 closed with approximately 333.8 million domain name registrations across all top-level domains (TLDs), an increase of approximately 1.4 million domain name registrations, or 0.4%, compared to the fourth quarter of 2017. Domain name registrations have grown by approximately 3.2 million, or 1%, year over year
  • ccTLDs: Total country-code TLD (ccTLD) domain name registrations were approximately 146.3 million at the end of the first quarter of 2018, with an increase of approximately 0.2 million domain name registrations, or 0.1%, compared to the fourth quarter of 2017. ccTLDs increased by approximately 3.2 million domain name registrations, or 2.2%, year over year.
  • The ten largest TLDs in the world (Verisign graphicas of March 31, 2018, (in millions of domain name registrations): .com 133.9; .cn 21.4: .tk 19.9; .de 16.3; .net 14.4; .uk 12.0; .org 10.3; .info 6.2; .ru 6.1; .nl 5.8.
  • New gTLDs continue shrinking in total registrations and as a share (%) of all gTLDs: 6% of all gTLDs as of March 31, 2018 (20.2 million registrations), as compared to 6.2% as of Dec. 31, 2017 (20.6 million) and 7.7% as of March 31, 2017 (25.4 million). 
Editor's note: rather than acknowledge the new gTLDs disaster of its own making, ICANN is in an apparent 'state of denial and delusion' (la-la land). Also note new gTLDs have no price controls, a new gTLD domain name that costs you $20 to register today could cost you $20,000 next year to renew the registration for just one year (in the absolute sole discretion of the registry operator), ICANN couldn't care less about domain name registrants being "ripped off." In fact, that's the way ICANN intentionally designed and implemented the new gTLDs program against the advice of the U.S. Department of Justice Antitrust Division and FTC (U.S. Federal Trade Commission).
Legacy generic top-level domains (gTLDs) .COM and .NET as of Mar. 31, 2018:
(a) gTLD .com (price-controlled by U.S. gov NTIA) domain name base totaled approximately 133.9 million domain name registrations, an increase of 2 million, or 2%, from 131.9 as of Dec. 31, 2017), and an increase of 5.5 million registrations, or 4%, year over year (as of March 31, 2017, the .com domain name base totaled 128.4 million);
(b) gTLD .net (ineptly price-controlled by ICANN) domain name base totaled approximately 14.4 million domain name registrations, a decline of 100,000 registrations from 14.5 million as of Dec. 31, 2017 and a decline of 800,000 registrations year over year (as of March 31, 2017, the .net domain name base totaled 15.2 million).

2) ICANN news
graphic "ICANN | Internet Corporation for Assigned Names and Numbers"
a. ICANN vs. EPAG: more on ICANN's Appeal of the German Court Decision on GDPR / WHOIS rejecting ICANN's request for an injunction against German domain name registrar EPAG (which is part of Tucows):
"So what on earth is ICANN doing? And why is it spending millions of dollars pursuing flawed legal challenge after flawed legal challenge? The answer is simple: the organization has more money than sense."--Kieren McCarthy in TheRegister.co.uk
June 7, 2018, letter from Tucows CEO Elliot Noss to ICANN CEO Goran Marby:

b. ICANN.org: The ICANN Board of Directors will be holding four public sessions and a public Board meeting during its upcoming workshop in Panama City, Panama, which will be taking place from 22-24 June 2018, ahead of ICANN62. The agenda of the sessions is provided below (all times UTC):
  • 22 June 18:15 – 19:15 IDN Variant TLD Implementation Recommendations
  • 23 June 14:00 – 15:00 Public Board Meeting
  • 23 June 18:00 – 18:15 Board FY18 Priorities – Status of Deliverables
  • 23 June 18:15 – 18:45 Long-Term and Short-Term Options for Streamlining the Reviews
  • 23 June 22:00 – 23:00 Internet Governance Strategic Discussion Progress
The sessions will be in English only. The format for each will be a listen-only session via Adobe Connect. Adobe Connect Link: https://participate.icann.org/opencommunity/  Additional access numbers: here.  Participant Code: 5542211258. More information about the Panama workshop and other upcoming ICANN Board meetings here. See also Chair's Blog: A Preview of the Panama Board Workshop | ICANN.org.

c. ICANN WHOIS & GDPR: EPDP (Expedited Policy Development Process)
An extraordinary GNSO Council meeting on 12 June resulted in the GNSO Council agreeing to form a drafting team consisting of Council leadership and interested Council members to develop an Initiation Request for an Expedited Policy Development Process as well as a proposed Charter for this effort. Many sessions at the upcoming ICANN62 meeting, June 25-28, will deal with the GDPR and EPDP. Additional information below:

See also:
Let’s talk about WHOIS accreditation – Before it’s too late | internetgovernance.org--by Farzaneh Badii, Chair of ICANN's Non-Commercial Stakeholder Group (NCSG). 
Have You Had Your GDPR Training Today? "... [it's] almost as if it's a badge of honor [in ICANN] to talk about complex legal matters not studied closely. We demand a high standard of knowledge from those who want to participate on the technical side of ICANN's work; we need an equally high standard on the GDPR side as well ... 'Recent research has established that it takes more than 20 hours of training just to acquire a workable understanding of the GDPR' … Let's require every member of the upcoming EPDP — members of the community, staff AND consultants — to complete neutral GDPR Training of the type IAPP identified above — 20 hours for "workable understanding" — before coming onto the EPDP ...." --Kathy Kleiman in circleid.com.
ICANN.org Temporary Specification for gTLD Registration Data, Webinar 6 June 2018Adobe Connect and Presentation [PDF, 213 KB].
Audio recordings also available: Arabic, Chinese, English, French, Portuguese, Russian, Spanish.

d. NTIA & IANA: Oversight of the National Telecommunications and Information Administration - Hearings - U.S. Senate Committee On Commerce, Science, & Transportation (video) 13 June 2018, witness: David J. Redl, Assistant Secretary for Communications and Information and Administrator, NTIA, U.S. Department of Commerce. Asked whether the IANA transition was "complete and irreversible," Redl answered, "Yes, that is my personal view," adding, "but we've put that question out there, if you do want to unwind it, how do we do so?" More at the link above and in last week's News Review.

3) Names, Domains & Trademarks
graphic "Names, Domains & Trademarks" ©2017 DomainMondo.com
a. Top Ten TLDs (top-level domains) with the worst reputations for spam operations as of 11 June 2018 include 5 new gTLDs #1 .men; #2 .loan; #7 .top; #8 .click; #9 .work; and 5 ccTLDs--The Spamhaus Project | The Top 10 Most Abused TLDs | spamhaus.org.

b. Law Firm Squire Patton Boggs Resolves China Intellectual Property Disputes Over Its Name | law.com: June 12, 2018: "Four years after a company commandeered official use of the firm's name in China, the U.S. firm said it is now in full ownership of all trademarks and domain names in the country ..."

c. Why Web.com Group Inc. Stock Jumped Today | fool.com 11 Jun 2018: hedge fund Starboard Value disclosed a 9.4% ownership stake in Web.com and investors are "starved for good news." NASDAQ: WEB.

d. Nominet [Registry operator for .UK] throws out US corp's attempt to seize Brit domain names | TheRegister.co.uk: domain names forte.co.uk and forte.uk.

e. Want to secure your website? Here's where to start | TechRadar.com

4) ICYMI Internet Domain News 
graphic "ICYMI Internet Domain News" ©2017 DomainMondo.com
EU's Article 13 Nightmare: 70+ Internet Luminaries Ring the Alarm on EU Copyright Filtering Proposal | Electronic Frontier Foundation | EFF.org"As Europe's latest copyright proposal heads to a critical vote on June 20-21, more than 70 Internet and computing luminaries have spoken out against a dangerous provision, Article 13, that would require Internet platforms to automatically filter uploaded content ..."

Viet Nam: Proposed cybersecurity law threatens to stamp out online freedom | Amnesty International. See also "Vietnam said the groups behind Sunday’s protests against proposed laws demonstrators view as curbing Internet freedom and favoring Chinese investors were trying to damage the country’s image, after the rare display of public activism reportedly turned violent"--Bloomberg.com.

Cybercrime: Feds arrest dozens in alleged wire transfer scam | TheHill.com 11 Jun 2018

DNS Data Attacks: European Firms Most Vulnerable To DNS Data Attacks: Study | MediaPost.com

Net Neutrality: Four ways to survive the end of net neutrality today | fastcompany.com 11 Jun 2018

Net Neutrality (counter view): Celebrating internet freedom: What the Restoring Internet Freedom Order means for consumers | aei.org.

Russia: TASS.com: Business & Economy - Putin calls for finding modern ways to ensure security without banning Internet.

DNS Blocking: Swiss have voted in favor of authorities having the right to order internet service providers to block access to unlicensed online gambling sites for residents of the country--On Sundayvoters in Switzerland backed a new law | casino.org.

Oracle Internet Intelligence Map | Oracle.com--Oracle Internet Intelligence | Oracle.com.

5) Five most read posts this past week on DomainMondo.com: 
graphic "Domain Mondo" ©2017 DomainMondo.com
1. News Review | Should the IANA Stewardship Transition Be Unwound?
includes UPDATE: ICANN Appeals German Court Decision on GDPR / WHOIS



-- John Poole, Editor, Domain Mondo 

feedback & comments via twitter @DomainMondo


DISCLAIMER

2018-06-16

Tech Review | Netflix $NFLX Shaking Up Disney & Other Media Companies

graphic "Tech Review" ©2017 DomainMondo.com
Tech Review (TR 2018-06-16)--Domain Mondo's weekly review of tech news with commentary, analysis and opinion: Features • 1) Netflix $NFLX Shaking Up Disney & Other Media Companies, 2) Amazon, Apple, Google, Microsoft--The Big Tech 4 in Market Cap & Brand Value, 3) Investing: The Week, Investing Notes: Macro Risks and Micro Risks4) ICYMI Tech News.

1) Netflix $NFLX Shaking Up Disney & Other Media Companies

Disney, Comcast, CBS and other traditional media companies are frustrated that investors have given Netflix (domain: netflix.com) a seemingly unfair advantage: the more Netflix spends on content, the more its shares go up. CNBC's Alex Sherman explains how Netflix's strategy is shaking up traditional media companies. CNBC.com video above published Jun 13, 2018.

Netflix, Inc. is a entertainment company, headquartered in Los Gatos, California, founded in 1997 by Reed Hastings and Marc Randolph in Scotts Valley, California. Netflix is reportedly the world's 10th-largest internet company by revenue.

NASDAQ: NFLX:
$NFLX
See also Federal judge clears AT&T's bid for Time Warner with no conditions | cnbc.com--effects: a) AT&T closed its Time Warner acquisition ASAP--now done; b) Comcast challenges Disney to buy the majority of 21st Century Fox--Comcast offers $65 billion cash bid for 21st Century Fox | TheHill.com June 13, 2018.

2) Amazon, Apple, Google, Microsoft--The Big Tech 4 in Market Cap & Brand Value:

Apple $AAPL Leads the Race to $1 Trillion Market Capitalization:
source: Statista.com

Apple, Amazon, Google (Alphabet), Microsoft: Apple is still winning the "market cap race" (above), but Google edged out Apple as the "World's Most Valuable Brand" (below).

source: Statista.com

3) Investing
graphic: "INVESTING"  ©2017 DomainMondo.com
The Week: NASDAQ Composite +1.3% | S&P 500 Index +0.01% | DJIA -0.9%

Wall Street's Charging Bull
graphic of Charging Bull | DomainMondo.com
Investing Notes:
  • Fed Rate Increase--"... with the rest of the world still on negative or zero interest rates, then money continues to pour into [U.S.] Treasuries making the ballooning deficit a SEPT (Someone Else’s Problem Tomorrow) ..."--Bill Blain.
Macro risks: EU & Eurozone, China, Emerging Markets
  • EU & Eurozone: The G7 Summit Highlights Western Leaders' Hypocrisy and Vulnerability--ZeroHedge.com: "Other countries pretend to be interested in free trade; in reality they only care about their own advantage..." Also Mario Draghi Might Never Get to Raise Rates at the ECB | Bloomberg.com 14 June 2018: ECB president dashes expectations for tightening early in 2019, new policy guidance is dovish even as bond-buying program ends. See also Capital Flight To Germany: "most likely outcome is a destructive breakup of the eurozone, starting in Italy or Greece."--ZeroHedge.com
Micro risks: Bitcoin & Crypto 
  • Bitcoin is ‘the last thing I’d want to own’ if the grid goes down, says famed short seller Jim Chanos--MarketWatch.com.  See also Crypto Collapse Accelerates As Bitcoin Miners Turn Cashflow Negative: "market manipulation during last year's meltup and collapsing margins for miners as prices tumble below breakevens"--ZeroHedge.com. See also New York Times: Researchers say campaign of price manipulation using Tether via Bitfinex may have accounted for at least half of the increase in the price of Bitcoin last year.

4) ICYMI Tech News:
graphic: "ICYMI Tech News" ©2017 DomainMondo.com
  • Biggest winner in the AT&T-Time Warner merger? Time Warner CEO Bewkes could receive $434 million ’platinum parachute’--MarketWatch.com. Editor's note: just more incentive for more vertical M&A yet to come in tech, telecom, and media.

-- John Poole, Editor, Domain Mondo  

feedback & comments via twitter @DomainMondo


DISCLAIMER

2018-06-15

Tesla CEO Elon Musk & $TSLA Shareholders' Wild Ride (video)

Tesla’s Wild Ride

L2inc.com video above re-published Jun 15, 2018: Scott Galloway's take on Elon Musk's $3.5B tantrum and what it means for Tesla’s shareholders, plus Recode.net's Kara Swisher weighs in.

Tesla, Inc. is a US-based multinational corporation that specializes in electric vehicles, energy storage and solar panel manufacturing, headquarters are in Palo Alto, California.

Sources referenced in the video:
(00:18) Source: “Tesla’s Elon Musk Mocks Analysts During Conference Call,” Fox Business, May 2018. https://bit.ly/2ybgQGr     
(01:03) Source: Clip from “Enron: The Smartest Guys in the Room,” 2005. https://imdb.to/2JCAxMS
(01:19) Source: Yahoo Finance.
(01:46) Source: Courtesy of Jim Chanos. https://bit.ly/2yaySZr
(03:08) Source: Yahoo Finance.
(03:30) Source: Yahoo Finance.

Auto-generated transcript from June 14 edition (unedited):
00:00 [Music]
00:01 what's a signal that a company may
00:03 struggle over the next year look at the
00:05 behavior of the CEO case in point
00:08 Tesla you can hear an Elon Musk voice
00:10 and in his recent behavior that he's
00:13 under a great deal of pressure and that
00:15 is about to get real and so where
00:18 specifically will you be in terms of
00:21 your next boring bonehead questions are
00:27 not cool
00:27 next what how what percentage have
00:30 actually taken steps to configure we're
00:36 gonna go to YouTube
00:38 sorry these questions are so dry they're
00:44 killing me when you're CEO it's your job
00:47 to answer stupid questions especially
00:49 questions from the investors who've
00:51 allowed you to raise money at four times
00:53 revenues versus less than 0.45 times
00:56 revenues for peers including General
00:59 Motors this is reminiscent of the days
01:01 of Enron you're the only financial
01:04 institution that can't produce a balance
01:06 sheet or a cash flow State know what
01:07 their earnings thank you very much we
01:14 appreciate mr. must high rate took the
01:19 company down seven percent translating
01:21 and doing in maturity tax that cost
01:23 shareholders three and a half billion
01:25 dollars there's no doubt mr. musk has
01:27 clearly under tremendous stress and the
01:29 board is not doing their job that
01:31 rejected two proposals to change board
01:33 leadership including one that would have
01:35 removed must from the chairmen position
01:37 and split it into two positions CEO and
01:39 chairman what they need to do is tell
01:41 them that it sucks to be a grown up must
01:44 behavior coupled with 40 significant
01:46 departures from the company recently are
01:48 all negative for looking indicators
01:51 however we could be wrong as Kara
01:52 Swisher highlighted in our interview
01:54 yesterday it's not that he's coming off
01:57 the rails it's just that he's sick of
01:59 doing very ambitious things and getting
02:00 70 or 80 percent of the way there and
02:02 then getting heckling from the cheap
02:04 seats he's landing a rocket on like a
02:08 platform in the middle of the ocean this
02:09 is not easy stuff he's making a car like
02:12 he's trying to change
02:13 rotation and whatever you think of him
02:16 these are big things big things and so
02:19 if you get 70% of the way there
02:21 yeah what some of the press does and me
02:23 too is say what happened to that 30%
02:26 ignoring the fact that he got 70% of the
02:28 way there I think even if he doesn't
02:29 succeed at it what he's doing is
02:31 important no he's gonna change the world
02:33 that's what we're moving to is the only
02:35 reason I give him just a little more
02:37 like over some dumb stupid photo app
02:39 that people argue over Tesla has an
02:42 amazing product I actually own a Tesla
02:45 not because I'm environmentally
02:46 conscious when you drive at us on the
02:47 East Coast you're spewing more carbon
02:49 into the air because it's not powered by
02:50 electricity it's powered by the coal
02:52 that produces electricity I bought it
02:54 because I want to signal to the world
02:55 that I am hippy granola and rich ie have
02:58 sex with me anyways the company lacks
03:01 the frictionless networking effects of a
03:03 Google or Facebook and doesn't have the
03:05 Hermes like margins of an Apple yet it's
03:07 trading at evaluation reflective of a
03:09 firm that can scale like a Facebook or
03:11 generate the profits of an apple by the
03:14 end of the year Tesla analysts will
03:16 begin wringing their hands over
03:17 liquidity concerns in dilution we
03:20 predicted the stock would fall for these
03:21 reasons however the stock rallied after
03:24 the board meeting on Wednesday as the
03:25 shareholder resolution to separate the
03:27 CEO and chairman roles was voted down
03:29 this was taken as an endorsement of
03:31 Musk's leadership and the stock
03:34 skyrocketed so so far we're wrong so far
03:39 we'll see you next week
03:41 [Music]

Song: Talking Heads - Wild Wild Life
https://youtu.be/616-QGQyx-I

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DISCLAIMER

2018-06-14

How Uber Disrupted the New York City Taxi Medallion Market (video)

How Uber disrupted the New York City taxi medallion market

CNNMoney video above published Jun 5, 2018: CNN.com's Jon Sarlin explains how Uber (domain: uber.com) moved into the biggest market in the country and defeated the formidable yellow cab industry.



feedback & comments via twitter @DomainMondo


DISCLAIMER

2018-06-13

Federal Reserve FOMC Policy Meeting June 12-13, Interest Rate Hike

FOMC Press Conference

LIVE June 13, 2018, at 2:30pm EDT.

The Federal Reserve (federalreserve.gov) FOMC started its two-day policy meeting on Tuesday, and as expected announced another increase in near-term interest rates of 25 basis points [0.25%] on Wednesday, as well as release a Summary of Economic Projections. A press conference by the Federal Reserve Chairman Jerome H. Powell scheduled for Wednesday afternoon at approximately 2:30 pm EDT, LIVE here embed above.
The Fed - Federal Open Market Committee (FOMC) | federalreserve.gov: 2018 Committee Members Jerome H. Powell, Board of Governors, Chairman; William C. Dudley, New York, Vice Chairman; Thomas I. Barkin, Richmond; Raphael W. Bostic, Atlanta; Lael Brainard, Board of Governors; Loretta J. Mester, Cleveland; Randal K. Quarles, Board of Governors; John C. Williams, San Francisco.

Compare the above rates with the European Central Bank(ECB) rates:

@FederalReserve


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DISCLAIMER

2018-06-12

Brynne Kennedy, CEO of Topia, Global Mobility Solutions (video)

Brynne Kennedy, CEO of Topia

Stanford Graduate School of Business video above published May 24, 2018: Topia (domain: topia.com) is a global mobility solution company that supports mobile employees around the world to help address the changing future of work, said Topia CEO Brynne Kennedy. The company is working with their customers to figure out out how to support employees given new technologies that are enabling an increasingly global workforce. "Teams need to form and un-form across borders quickly and repeatedly, and that situation is growing dramatically." During her visit to the Systems Leadership class on May 15, 2018, Kennedy discussed with Lecturer Robert Siegel how Topia will become strategic in helping companies manage their global teams and how Topia's software can be the infrastructure that helps manage this labor transformation.

Topia (formerly MOVE Guides and Polaris) provides global mobility management solutions to move and manage talent, enabling them to work everywhere. Headquarters: London & San Francisco


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DISCLAIMER

2018-06-11

Tencent, Parent of WeChat, China's Most Valuable Company? (video)

Tencent's vertical campus

Financial Times (ft.com) video above published May 30, 2018: Tencent, China's largest tech company, built its new HQ with all the features of a campus in a skyscraper. The FT's Louise Lucas asks whether skybridges and pool tables create a successful office environment

An inside look at Chinese tech giant Tencent's vertical campus

CNBC International video above published Jun 6, 2018: Tencent has quickly become Asia's largest publicly traded company. CNBC's Uptin Saiidi visited its new headquarters in China.

Most U.S.-based investors know about Alibaba (BABA) and Baidu (BIDU), often compared to Amazon (AMZN) and Alphabet (GOOG), but Tencent (TCEHY), is China's first or second most valuable company (depending on daily stock price valuations as compared to Alibaba Group (NYSE: BABA).

Tencent (domain: Tencent.com), trades as an ADR and is also available in iShares FTSE/Xinhua China 25 Index ETF (FXI), Global X Social Media Index ETF (SOCL) and Guggenheim China Technology ETF (CQQQ). Among Tencent's many different units, is the WeChat (wechat.com) messaging app, which has over one billion million monthly active users, making it one of the most used social networks in the world. WeChat has effectively become an operating system for Tencent.
In the gaming vertical, Tencent sells both PC based and smartphone games, it owns LA-based Riot Games and also has stakes in Epic and Activision. The company also owns Honour of Kings, which some press accounts describe as “The most profitable game in the world” making “$1 billion a quarter.”


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DISCLAIMER

2018-06-10

News Review | Should the IANA Stewardship Transition Be Unwound?

graphic "News Review" ©2016 DomainMondo.com
Domain Mondo's weekly internet domain news review (NR 2018-06-10) with analysis and opinion: Features •  1) Should the IANA Stewardship Transition Be Unwound? 2) ICANN news: a. Reason #1 Why ICANN's new gTLDs are failingb. GDPR Effects at ICANNc. Pre-ICANN62 Webinars & Reports and more, 3) Names, Domains & Trademarks, 4) ICYMI, 5) Most Read Posts.

UPDATE June 14, 2018: ICANN Appeals German Court Decision on GDPR / WHOIS: ICANN statement published on its website June 14, 2018 UTC:
"LOS ANGELES – 13 June 2018 – The Internet Corporation for Assigned Names and Numbers (ICANN) today appealed a decision by the Regional Court in Bonn, Germany not to issue an injunction in proceedings that ICANN initiated against EPAG, a Germany-based, ICANN-accredited registrar that is part of the Tucows Group. The appeal was filed to the Higher Regional Court of Cologne, Germany. ICANN is asking the Higher Regional Court to issue an injunction that would require EPAG to reinstate the collection of all WHOIS data required under EPAG’s Registrar Accreditation Agreement with ICANN. The Regional Court in Bonn rejected ICANN’s initial application for an injunction, in which ICANN sought to require EPAG to collect administrative contact and technical contact data for new domain name registrations. If the Higher Regional Court does not agree with ICANN or is not clear about the scope of the European Union’s General Data Protection Regulation (GDPR), ICANN is also asking the Higher Regional Court to refer the issues in ICANN’s appeal to the European Court of Justice. ICANN is appealing the 30 May 2018 decision by the Regional Court in Bonn as part of ICANN’s public interest role in coordinating a decentralized global WHOIS for the generic top-level domain system. “We are continuing to seek clarity of how to maintain a global WHOIS system and still remain consistent with legal requirements under the GDPR,” said John Jeffrey, ICANN’s General Counsel and Secretary. “We hope that the Court will issue the injunction or the matter will be considered by the European Court of Justice.”..."
Background of previous proceedings and the Court ruling appealed from in this case--News Review | GDPR Effect: ICANN Sues German Domain Name Registrar.

Appeal documents filed by ICANN--ICANN v. EPAG Domainservices, GmbH  [Editor's note: Personal identifiable information has been redacted by ICANN]:
English Translation of Immediate Appeal [PDF, 844 KB] (Unofficial; provided for information purposes only) embed in full below:

Other documents filed by ICANN in the appeal:

Original Post:
1) Should the IANA Stewardship Transition Be Unwound?
 NTIA Notice of Inquiry
Editor's note: Less than 2 years after the IANA transition was completed on October 1, 2016, the U.S. government's NTIA is asking stakeholders a number questions, including, "Should the IANA Stewardship Transition be unwound? If yes, why and how? If not, why not?" This is in stark contrast to the NTIA under Larry Strickling (Obama administration) which never solicited stakeholders' opinions before abruptly announcing its IANA transition intentions in March, 2014.
A few days before NTIA published its "notice of inquiry" above, former ICANN staff member Kieren McCarthy wrote about ICANN, the IANA transition and its aftermath (edits and emphasis added):
"... the global internet [ICANN] community did a lousy job, giving ICANN a new-found autonomy in return for a series of worthless accountability measures. Since that handover [IANA transition] on September 30, 2016, two things have become clear:
  • ICANN continues to make terrible decisions, and
  • European governments have decided that they will use their collective power as the EU [European Union] to force changes on how the internet functions.
"The [ICANN] organization has repeatedly been taken to task for its actions through the mechanism that was designed to keep it accountable: an "independent review panel" or IRP. Yet despite several striking decisions made against ICANN by that panel little or nothing has changed. Among the things that have come out in recent years are: that its own staff repeatedly interfered in independent processes; that it broke its own rules and bylaws to reach a pre-decided conclusion; that it secretly rewrote reports and then lied about it; that staff misled its own board and then claimed otherwise; that its board members lied about looking into allegations; that it hid millions of dollars of payment to Washington lobbyists; and many, many more. For those that have heard of it, the [ICANN] organization has become a shorthand for dysfunction and unaccountable power. It is the internet's FIFA scandal ... what will become of Whois, ICANN and the US-led internet? We should know in the next year ..." 
NTIA Looks to Stakeholders to Help Shape its International Agenda | National Telecommunications and Information Administration | ntia.doc.gov: June 04, 2018 by David J. Redl, Assistant Secretary for Communications and Information and NTIA Administrator--"... In a notice of inquiry, we are asking all interested stakeholders – businesses, civil society groups, the technical community, academics, and the general public to provide us with comments and recommendations. The input we receive will inform NTIA's international Internet policy priorities going forward ..."

Notice of inquiry, excerpts:
II. Multistakeholder Approach to Internet Governance
A. Does the multistakeholder approach continue to support an environment for the internet to grow and thrive? If so, why? If not, why not?
B. Are there public policy areas in which the multistakeholder approach works best? If yes, what are those areas and why? Are there areas in which the multistakeholder approach does not work effectively? If there are, what are those areas and why?
C. Are the existing accountability structures within multistakeholder internet governance sufficient? If not, why not? What improvements can be made?
D. Should the IANA Stewardship Transition be unwound? If yes, why and how? If not, why not?
E. What should be NTIA’s priorities within ICANN and the GAC?
F. Are there any other DNS related activities NTIA should pursue? If yes, please describe ...."

"Recognizing the vital importance of the Internet and digital communications to U.S. innovation, prosperity, education, and civic and cultural life, NTIA has made it a top priority to encourage growth and innovation for the Internet and Internet-enabled economy. Towards that end, NTIA is seeking comments and recommendations from all interested stakeholders on its international Internet policy priorities for 2018 and beyond. These comments will help inform NTIA to identify priority issues and help NTIA effectively leverage its resources and expertise to address those issues. Comments are due on or before 5 p.m. Eastern Time on July 2, 2018.

"Written comments may be submitted by email to iipp2018@ntia.doc.gov. Comments submitted by email should be machine-readable and should not be copy-protected. Written comments also may be submitted by mail to the National Telecommunications and Information Administration, U.S. Department of Commerce, 1401 Constitution Avenue NW, Room 4725, Attn: Fiona Alexander, Washington, DC 20230." More information here (pdf) embed below:

Former NTIA administrator Larry Strickling, who pushed through the IANA stewardship transition from 2014-2016, over objections and concerns voiced by members of the global internet community, as well as members of the U.S. Congress, maintained that the transition cannot be unwound, in his response to a question asked by ICANN insider (and former ICANN Board Member) Rinalia Abdul Rahim at a sparsely attended "keynote" he gave on June 6, 2018, at EuroDIG 2018, video below:

2) ICANN news
graphic "ICANN | Internet Corporation for Assigned Names and Numbers"
a. Reason #1 why ICANN's new gTLDs are failing, badly:
Source: ntldstats.com
Any endeavor has unintended consequences. Any ill-conceived endeavor has more--The Law of Unintended Consequences | fs.blog (emphasis and link added).

Editor's note: as I have noted before: "This is what happens when you design and implement a new gTLDs program founded upon consumer fraud, a .BRAND extortion racket, exploitative pricing power and greed, and ICANN incompetence." Don't whine and complain about "internet fragmentation" if you are (or have been) in a leadership position at ICANN. The worst fragmenting of the internet in its entire history, began with ICANN's irresponsible expansion of TLDs (top-level domains)--more than 1,250 TLDs beginning in 2014, on top of the then existing 22 gTLDs and less than 300 ccTLDs (one 2-character country code for each "country" as primarily determined by ISO 3166--see RFC 1591).  Going forward, there is no way ICANN can responsibly police, by contract or otherwise, the more than 1250+ TLDs it has inflicted upon the global internet community. For a moment, forget about the EU & GDPR, NTIA, INTA and the trademark lawyers that ICANN org is in bed with, do you really think law enforcement agencies throughout the world (almost 200 nations) are going to willingly pay and pick up the costs of policing ICANN's malfeasance, without asserting their sovereign authority and imposing their own controls, jointly, or individually as China is already doing? Ask India's Prime Minister Narendra Modi and President Xi Jinping of China what they think. If you think it doesn't matter what India and China (and all the other non-Western nations) think, you may be as clueless as ICANN.

b. GDPR Effects at ICANN:
GNSO "mind map" Temporary Specification for gTLD Registration Data - Expedited Policy Development Process (EPDP)
Editor's note: dysfunction. This EPDP process is "top-down," designed and engineered by ICANN org and Board members who are advancing their favored "positions" with the consent of the GNSO leadership--
Stephanie Perrin: the temp spec is an attempt to comply with law. There has been no admission that existing instruments have not complied with law for quite a few years now. I am not optimistic about our chances for clarity in scope if we cannot get a clear picture of which practices enmeshed in contract and policy are not in compliance with law.
Heather Forrest (member of the Intellectual Property Constituency and GNSO Council Chair): @Stephanie - I'm still trying to get my head around how a regional law that does not apply to all the world has this extrajudicial effect of requiring global changes. (source Chat transcript June 5, 2018)
Editor's note: if you think there was a "lack of clarity" in the German Court ruling rejecting ICANN's request for an injunction against German domain name registrar EPAG, then read what knowledgeable, competent lawyers in the subject matter are saying, see e.g., ICANN loses data-gathering court battle | out-law.com including remarks by Ann Henry, an expert in data protection and intellectual property law at Pinsent Masons, the law firm behind Out-Law.com. See also 'Data controller' concept expanded by EU court ruling | out-law.com 5 June 2018.
c. Pre-ICANN62 Webinars and Policy Reports
 ICANN62 Panama City, Panama, is June 25-28, 2018.

Pre-ICANN62 90 minute Policy Webinar 12 June 2018 | ICANN.org: Pre-ICANN62 Policy Webinar Tuesday, 12 June 2018 at 10:00 UTC and at 19:00 UTC. The webinar will run in English with simultaneous Spanish interpretation. The presentation materials will be translated into Spanish, and posted following the Webinar with the recordings of the sessions hereRegister via this form by 11 June 2018.

Register for the Pre-ICANN62 GNSO Policy Webinar | Generic Names Supporting OrganizationMonday, 18 June 201821:00 UTC – 22:30 UTCPre-register here"Remote participation details will be sent the week of 11 June 2018 upon RSVP." More info at link above.



d. ICANN Reserve Fund Replenishment Strategy Response [pdf 33.9 KB] embed below:

e. 2017 & 2018 Reconsideration Requests Status Update 6 June 2018, ICANN.org:
f.  Second Security, Stability, and Resiliency of the DNS Review (SSR2)--Official restart of the SSR2 5 June 2018--for background see News Review Dec 17, 2017: US Gov NTIA Rebukes ICANN Board of Directors over its interference with SSR2 (re: the ICANN Board's unprecedented and unilateral action of suspending the work of SSR2 Review Team on October 28, 2017).

g. More ICANN New gTLDs' Dysfunction:

3) Names, Domains & Trademarks
graphic "Names, Domains & Trademarks" ©2017 DomainMondo.com
a. 5 Ways to Track Down a Domain Owner After GDPR--NamePros.com. [Editor's note: there are even more ways, but this is a good start.]

b. FYI: TucowsDomains.com | Tiered Access (Gated Whois): see also tieredaccess.com.

c. Google Taking action against scammers | blog.google: "... We’ve created a new tool that lets business owners report scammy practices and policy violations, and provide the specific information needed for us to take action against these third parties ... a few things you can do immediately to protect yourself: Verify whether someone is actually reaching out from Google. Often these fraudulent callers will use language like, “Google specialist” or “calling about or on behalf of Google.” To verify whether a caller is actually calling from Google, you can ask that they send you an email from a Google email account to further verify their identity. Anyone who works for Google should be able to send you an email from an @google.com email account. The Google Safety Center outlines additional tips ... There's no way to request or pay for a better local ranking on Google. Any company that claims to be able to do so may be running a scam. If you get an unwanted robocallhang up the phone. Do not press any key, even if the voice recording prompts you to in order to speak with a live person or to be taken off the call list. Report unwanted callers to Google, and also the FTC or the FCC.  Register your personal number with the [in the U.S.] National Do Not Call Registry (1-888-382-1222) ..."

4) ICYMI Internet Domain News 
graphic "ICYMI Internet Domain News" ©2017 DomainMondo.com
a. Google is a GDPR Winner!--Google is emerging as an early winner from Europe’s new data privacy law reports WSJ.com. Early data shows the digital ad giant is gathering individuals’ consent for targeted ads at far higher rates than other competing online-ad services.

b. EU: Article 13 could "destroy the internet as we know it": What is it, why is it controversial and what will it mean for memes? | Alphr.com: "Critics of the proposed EU directive on copyright warn that it could censor internet users."

c. Iran: Telegram App on Frontline of Iran's Assault on Online Freedom | BloombergQuint.com

d. Best cheap VPNs: Nord, PIA, IPVanish, and more | mashable.com and Best VPN for India | AndroidAuthority.com.

e. IGF 2018 Call for Open Forums | Internet Governance Forum | intgovforum.org: "The IGF Secretariat is now accepting requests to hold Open Forums at the 13th IGF, until a deadline of Friday 29 June 2018, 23:59 UTC. All Governments, treaty-based international organizations, and global organizations with international scope and presence, with operations across regions, dealing with Internet governance-related issues, are invited to submit requests for an Open Forum slot through this e-form. The inclusion of a background paper with the request is strongly encouraged. Open Forums should focus on a Government or organization’s IG-pertinent activities during the past year and allow sufficient time for questions and discussions. The standard duration for the session is 60 minutes. Governments and treaty-based international organizations will be given slots on a priority basis."

5) Most read posts this past week on DomainMondo.com: 
graphic "Domain Mondo" ©2017 DomainMondo.com



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